Italian SPAC goes public

Two weeks after the arrival of New Amsterdam Invest, the ninth SPAC this year, VAM Investments SPAC, has made a relatively quiet appearance on the Amsterdam stock exchange. This time it is an Italian initiative, which may be related to the Milan Stock Exchange recently joining the Euronext group. The IPO will generate an amount of €225 million. The purpose of this capital is to invest in companies in the consumer and service industry in the European Union, the United Kingdom or Switzerland.